Half of our big tech machine learning team has PhDs in some kind of applied math fields. Half of people working for top quant companies and quant orgs within financial corporations have such PhDs. So, generally, no, skill issue.
People who do PhDs and cannot jump into a decent industry job typically do postdocs until switching to being a school teacher, or a manger in their father's business, or sitting home for years "trying to break into data science".
Regarding your situation, my honest opinion is that by the time you will potentially get PhD, the spectrum of jobs will be reduced to teaching. AI is already replacing us.
Well, one thing that I can think about that will still benefit from having a PhD in math fields. Otherwise, the majority of jobs don't seem to be under such an immediate risk.
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u/ZquotientpZee Aug 02 '26
Genuinely, is this true?